In Lu Ming's office, Han Qiulin came into the office and brought a document and handed it to him, "This is the third quarter financial report of Tianchi Technology. It has passed the audit. Zheng Hongrui asked if it can be published on the 28th."
It is worth mentioning that Tianchi Technology’s finances are independent and there is no consolidated statement with Tiansheng Capital.
The latest disclosure time for the third quarter financial statements of listed companies is October 31. These days are also the time when reports are disclosed in large numbers. If there are any bad results, they will be exposed one after another.
However, quarterly reports are minor surprises, and the annual report pre-disclosure period around April is the time window for big surprises.
Tiansheng Capital’s third quarter financial report has not been released yet. The audit has come out, but it has not been disclosed yet. It is being suppressed now.
The market has also been under pressure in the past few days, with the index reaching a peak above 3371 points. It opened sharply this morning and fell sharply. The market index once fell to 3229 points, which is almost one step away from the recent low of 3202 points.
"Tell him to disclose it around 12 noon on the 28th." Lu Ming said simply, and then picked up Tianchi Technology's third quarter report and looked at it.
According to financial report data, Tianchi Technology’s operating income in the third quarter was 261.383 billion yuan, a year-on-year increase of 179.64%. The substantial increase in revenue was due to the increase in production capacity. However, it was still in a state of substantial loss in the third quarter, with an actual loss of 1287.13
billion, an increase of 27.56% compared to the same period last year.
The third quarter financial report shows that the company's total assets at the end of the period were 415.363 billion yuan, total liabilities were 1.178603 billion yuan, the debt ratio was 283.75%, and the liabilities were 1.17 trillion yuan. The company's debt ratio can be said to be high, and it can be called the debt ratio among big A listed companies.
The highest listed company.
However, the stock price of Tianchi Technology has hit all-time highs, and its market value once soared to a height of three trillion, making it highly sought after by the capital market.
For new retail investors, this is completely incomprehensible. They dare not touch such a company. The company has suffered huge losses year after year. The debt it owes now costs tens of billions in interest payments alone every year.
It is even more difficult to understand that such a stock has soared like this.
The stock price of Tianchi Technology has reached its highest point since January 2 this year, with a cumulative increase of +445.81%. It has more than quadrupled in about ten months. Since the opening of the Science and Technology Innovation Board in July last year, Tianchi Technology
Based on the issue price of 13.70 yuan/share, the cumulative increase reached an incredible +8244.96%, an increase of 82 times in fifteen months.
If we calculate from the 6.19 yuan per share that this stock once reached the 18th level of hell, the cumulative increase is +18369.46%, an increase of 183 times.
Any stockholder or investor will be stunned when they see Tianchi Technology’s historical low price of 6.19 yuan/share and its current historical high price of 1,143.26 yuan/share.
The large amount of money that initially drove the stock price to 6.19 yuan, and then started a wave of wildly rising prices to about 270 yuan, and now looking back on it, they were also selling the stock.
At that time, the high point of 271 was known as the top of Tianchi Universe. Now it is the bottom of the iron. It is impossible to get chips at such a price again.
Tianchi Technology allows Big A’s shareholders to once again feel the charm and money-making effect of high-tech stocks with high prosperity and high growth potential. If you make the right bet, you can directly realize your dream of wealth and freedom in life.
Lu Ming put down the third quarter report materials of Tianchi Technology and took a look at today's market conditions.
At this moment, Big A has been closing for about ten minutes.
Today's market continues to adjust amid shocks. Tiansheng Holdings' intraday decline once reached 3 percentage points. It stopped falling and rebounded in the afternoon, and finally closed up or down -0.90%. The stock price was reported at 286837.81 yuan, with a trading volume of 36.5 billion yuan throughout the day.
The market value after that is 20.87 trillion yuan.
The stock king is still in the adjustment stage, and has also reached new lows in recent trading days.
On the other hand, Tianchi Technology, the "own son" listed on the Science and Technology Innovation Board next door, once fell 15 percentage points in the past few trading days and has also adjusted to this day. However, Tianchi Technology's lows have continued to rise, and its technical performance has improved.
A standard "flag-shaped finishing" pattern, or a "converging triangle" K-line pattern is formed.
This stock stopped falling and rose from the low price of 576.99 yuan in early September to nearly double its current historical high. The overall K-line pattern has gone out of a standard three-stage rising main wave.
In the first period, the price rose from 576.99 yuan to 819.60 yuan, with a cumulative increase of 42.04%; then in the second period, the price began to fall back to 689.19 yuan, with a correction range of -15.91%; and then with the help of the major positive stimulus from the Tianchi technology conference, after the holiday
Returned with even more amazing gains.
During the third stage of the surge, it only took three trading days to reach the current historical high of 1143.26 yuan. There were two boards in three days. The third stage of the increase reached a cumulative height of 65.88%, and the entire three-stage rise hit 98
The height of one percentage point is nearly doubled.
The recent "convergence triangle" consolidation has also changed today. From a technical perspective, switching to the 30-minute level K-line, today we successfully broke through the short-term convergence pattern, not downward, but upward, and it was
High-volume breakthrough.
As of the close of trading, Tianchi Technology surged +7.98% today to 1,054.15 yuan per share, with a full-day trading volume of 50 billion yuan, and an after-hours market value of 2,846.205 billion yuan.
Today's sharp rise was also due to Lu Ming's boasting about the new energy industry and Tianchi technology at the financial summit held last Saturday. The market also bought into it and closed with a sharp rise.
A Zhongyang line breaks through the consolidation pattern, which also makes Tianchi Technology once again attract the attention of market funds, especially the breakthrough-oriented technical players. Seeing the K-line pattern like Tianchi Technology, it is difficult to resist.
The volume released today already shows that there are technical players who have opened bullish positions and have made a breakthrough.
To use the high-end terminology of teachers to describe it, when you encounter opportunities within the model, you must take action, and losses are inevitable. This is a loss within the model.
…
The next day, Tuesday, October 27th.
Today's market is consolidating sideways and weakly. The Shanghai Stock Exchange Index closed at 3254 points, a slight increase of +0.10%. The daily line closed a small positive line, and the volume continued to shrink, forming a bottom structure.
This wave of adjustments in Big A was mainly due to the selling of heavyweight stocks. Who made the market so excited during the three days after returning from the long holiday? Among them, the brokerage sector was the most active, and even the king of stocks pulled back to the price of 280,000 yuan.
However, Tianchi Technology is operating at a high level. Although it is also adjusting during this period, it is very resilient.
After a Zhongyang line rose by nearly 8 percentage points yesterday, Tianchi Technology closed up again by +2.60% today, with the stock price at 1,081.52 yuan. The trading volume shrank to 41.5 billion yuan compared with yesterday, and the after-hours market value was 2.920104 billion yuan.
From a technical point of view, the bullish signals for Tianchi Technology in the market outlook are getting stronger and stronger, such as volume and price, MACD golden cross, flag-shaped consolidation breakthrough, etc.
However, most funds are still waiting and watching, because they are afraid that it will be a false breakthrough.
In Big A, in this super-involved stock market, everyone predicts each other's predictions. If you don't have a lot of foresight, it's easy to play QQ every minute and become a big enemy of leek who takes over the high position.
Logically speaking, there is no so-called strong bookmaker in a super-large market worth three trillion yuan, and indeed no one can unilaterally influence the trend of such a large-scale market.
But this is Big A after all, so there’s nothing wrong with being more cautious.
Tianchi Technology currently has a market capitalization of RMB 2.92 trillion, with a circulating market value of approximately RMB 1 trillion and approximately 1 billion shares in circulation.
But the actual circulating market value should be around 350 billion. In theory, it is at least much easier to raise it than to raise it, because although 25% of the circulating shares have long been lifted, this is done by five institutions including Wanxiang Group
The holdings just reached 5%. These institutions are all core LP members of Tiansheng Capital, and they have no intention of reducing their holdings.
To take a step back, even if they want to run away, they have to issue an announcement on reducing their holdings in advance to give the small and medium-sized investors inside a chance to run away first.
Therefore, Tianchi Technology’s shares that can actually be freely circulated are approximately 325.35 million shares.
The other 1.7 billion shares of the company are now restricted stocks that have not yet expired within the three-year lifting period. Among them, Tiansheng Capital, the largest shareholder, holds 34% of the shares and has just one veto power. The Social Security Fund has 10
% equity ratio, Ningzhou local state-owned assets have a 7% equity ratio, and the senior management team’s option pool has an equity ratio of 11.95%.
These holders will not sell them in the secondary market. Even if the ban is lifted in the future, executives within the company who want to cash out will not circulate them in the secondary market. Instead, the company will repurchase them and reserve them as an option pool.
